For GSE watchers the bottom line boils down to this: Both continue to earn money hand over fist and for now get to keep all their earnings instead of forking it over to the U.S. Treasury in the form of dividends.

Some industry trade groups have an uneasy feeling about the proposal...

A 10 basis point hike in g-fees will not go over very well with the industry...

The FHFA is tweaking standards regarding minimum net worth and liquidity. The tangible net worth ratio is unchanged at 6% of total assets.

Fun fact: January’s new issuance was more than double the total produced in the first month of 2019.

The GSE regulator said its expects SOFR ARMs to be delivered in the second half of 2020...

The fourth-quarter burst of CRT issuance represented a 70.7% increase from the prior period…

Despite the slippage, Wells and JPM still rank first and second, respectively, in agency servicing…

“The next major milestone for FHFA is the re-proposal of the capital rule, which will happen in the near future,” said FHFA Director Calabria.

Nonbanks took huge strides in GSE servicing as well: Their combined portfolio rose 10.4% from 2018 to $2.009 trillion…